POET Technologies Inc. (OTCMKTS:POETF – Get Free Report) shares dropped 3.9% during mid-day trading on Tuesday . The stock traded as low as $8.50 and last traded at $8.56. 14,371,248 shares were traded during trading, an increase of 9,545% from the average session volume of 148,995 shares. The stock had previously closed at $8.91.
POET Technologies Stock Performance
The stock’s fifty day moving average is $9.55 and its two-hundred day moving average is $8.71. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of -177.40 and a beta of 0.81.
POET Technologies Company Profile
POET Technologies Inc is a Canada-based company that develops and manufactures heterogeneous integration substrates for the optoelectronics industry. Leveraging its proprietary planar optical and electrical integration (POET) platform, the company provides a wafer-scale approach to combine silicon-based photonics with active optical and electronic components. By embedding waveguides and interconnects directly into a polymer-based core layer, POET’s technology supports high-speed data transmission and miniaturized optical modules suitable for telecommunications, data centers and emerging photonic applications.
The company’s core offering, known as the iPOET™ integration platform, enables customers to assemble lasers, detectors and electronics on a single substrate without the need for costly coupling and alignment processes.
Featured Stories
- Five stocks we like better than POET Technologies
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
- Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal
Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
